Loomis Sayles & Co. L P Invests $217,000 in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Loomis Sayles & Co. L P acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,653 shares of the company’s stock, valued at approximately $217,000.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in iShares 1-3 Year Treasury Bond ETF by 47.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock worth $946,428,000 after buying an additional 3,731,847 shares during the period. Proficio Capital Partners LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after buying an additional 8,173,293 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $389,029,000. Assetmark Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 94.0% in the fourth quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after buying an additional 1,975,432 shares during the last quarter. Finally, Barclays PLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after acquiring an additional 1,123,670 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

Shares of NASDAQ:SHY opened at $82.67 on Monday. The firm has a 50 day simple moving average of $82.28 and a 200-day simple moving average of $82.30. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The company has a market capitalization of $23.30 billion, a PE ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares 1-3 Year Treasury Bond ETF

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.